According to a16z's latest research on privacy trends shaping 2026, one insight stands out: privacy-focused blockchains could potentially capture a dominant market share in crypto as the technology matures. The thesis suggests that privacy itself becomes a competitive moat—those who build robust privacy infrastructure early may establish lasting advantages. What makes this particularly compelling is the connection to token economics: projects that embed privacy as a core feature could differentiate themselves significantly. As institutional and retail users alike demand stronger confidentiality standards, privacy chains positioned with credible technology and clear use cases might consolidate meaningful portions of the market. Whether this proves true depends on adoption velocity and regulatory clarity, but the trend direction seems clear.